Investments

Co-Investment

Palacios

Spain

16 July 2019

Consumer goods and services

Exited 11 March 2025

Consumer goods and services

Founded in 1960, Palacios is a leading producer of Spanish provenance products and other ready meals, chilled and frozen. The company has a solid and longstanding commercial relationship with both retailers and foodservices. It maintains co-branding agreements with global players like Unilever or Mondelez to sell frozen desserts under their strategic brands. Palacios offers private label products and operates under several brands such as Palacios, Fuentetaja, Floristán, Alinaco, San Martin or Quijote.

Deal team

Camill Salomon

http://www.palacios.es/

https://www.linkedin.com/company/palacios-alimentaci-n/

Case study

The Ardian team brought a deep sector knowledge, which I think allowed them not only to do a terrific job in that due diligence period, but also meant they could work very efficiently within our deal time frame.

Doug Brody KKR Capital Market

Ardian and Arsenal both want our investments to benefit society and by working together in this case we’ve reduced the time it takes to set up a clinical trial by many months, which means new drugs come to market as quickly and safely as possible.

Steve McLean Partner of Arsenal Capital

During the due diligence phase, we identified Ardian as a future shareholder capable of making a significant contribution to Emera's development. As soon as the transaction closed, we were able to define and launch value-creating initiatives with Naxicap and Ardian, particularly in terms of group structuring, external growth, digital transformation and real estate strategy, in France but also in Spain and other European countries.

Eric Baugas CEO of EMERA

Co-Investment

Expertise
Co-Investment

Team

Investments

Palacios

Deal team